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Oil Refiners Are Quietly Printing Money. This Company’s Earnings Jumped 975%
['Omor Ibne Ehsan', 'Wed', 'August', 'At Pm Gmt', 'Min Read']
Yahoo Finance
Quick ReadMarathon Petroleum (MPC) posted $17.73 EPS against a $13.95 estimate as its refining margin nearly doubled to $36 per barrel.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Marathon Petroleum didn't make the cut.
Marathon Petroleum (NYSE:MPC) reported $17.73 in quarterly earnings per share against a $13.95 estimate, and its stock is up 90.47% year to date.
Marathon's Refining and Marketing margin went from $17.58 per barrel a year ago to $36.33 per barrel.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Marathon Petroleum didn't make the cut.